US Poker Pro Sponsorship Continues Its Steady Decline
Just a few years ago, it was a common sight to see a plethora of US poker pros sporting internet poker site logos at tournaments as part of their sponsorship deals. Since Black Friday, however, many of those same players haven’t even been able to access online poker sites and so sponsored links have been […]
Nevada iGaming Revenues Dive 22.5% In August
The Nevada Gaming Control Board (GCB) has just released its latest gaming results for August revealing a dramatic 22.5% decrease in online poker revenues to $742,000, compared to July’s tally of $985,000. Overall, Nevada casinos generated $920.2 million last month, a 3.7% decline compared to August 2013, and ending five consecutive months of gains for […]
How Much Value Do Sponsored Big Name Pros Bring To Poker Sites?
Many big name sponsored pros are Americans and cannot even access the sites they represent, whereas the ones that can operate in one of the USA’s three regulated iPoker states which segregate their relatively small markets from the rest of the world. In recent times a number of online poker sites have started reducing the […]
Morgan Stanley Forecasts $5.2bn US iGambling Market By 2020
According to a recent report by Morgan Stanley, US online gambling could be a $5.2 billion industry by 2020 providing at least 20 more states join the three already regulated markets of Nevada, Delaware, and New Jersey. Nevertheless, the finance group’s prediction is lower than its previous estimate, and as a Morgan Stanley statement, explains: […]
New UK iGambling Law Raise Costs For Operators
Tired of online gambling companies avoiding UK taxes by locating their operations in offshore jurisdictions such as Gibraltar, Malta or Antigua, the UK government is set to introduce its new ‘Gambling, License and Advertising Bill‘ on October 1st. The new legislation requires iGaming businesses to obtain a special UK license in order to offer their […]
Ultimate Gaming Exits NJ Online Gambling Market
New Jersey’s land-based casinos have been falling like tenpins in recent months with just seven of the state’s original twelve casinos expected to remain open by the end of 2014. It would now seem the slump in New Jersey’s casino industry has now resulted in its first online casualty, too, after gambling site Ultimate Gaming […]
WSOP.com Reverses Sponsored Pro Policy And Signs Greg Merson
One year after launching its product in Nevada, online poker site WSOP.com has reversed its previous position and signed a high profile figure from the poker world to become its first ever brand ambassador. The 2012 WSOP Main Event champion, Greg Merson, will now help the company “promote online poker back to its full potential.” […]
